loader from loading.io

Harnessing the Right Resources to Achieve Your Goals

Exit Mindset

Release Date: 12/19/2020

Nothing Happens in One Day show art Nothing Happens in One Day

Exit Mindset

Goals are necessary, but that's half the battle. You must use the right metrics, and utilize two unlikely traits — patience and annoyance — to your advantage.

info_outline
Just Getting Started? How to Apply the Exit Mindset to Your New Business show art Just Getting Started? How to Apply the Exit Mindset to Your New Business

Exit Mindset

Just because you do not currently own your own business doesn’t mean that the Exit Mindset does not apply to you.  The idea of nurturing an Exit Mindset and treating your businesses as if there is a buyer around the next corner is one that can be valuable no matter the circumstances.  Whether you are looking to sell, are a satisfied owner or are an aspiring entrepreneur, it’s important to keep your mind open to the possibilities of growth. 

info_outline
Don't Confuse Hard Work with Productivity show art Don't Confuse Hard Work with Productivity

Exit Mindset

This episode explains how, as a business owner, you should be making sure that your employees aren’t just working hard, but that they’re actually being productive. So that ultimately, they will be more efficient with your company’s time and resources.

info_outline
Pivoting Your Business show art Pivoting Your Business

Exit Mindset

This episode explains how you can dive deeper into your company TODAY! If you wait for the right time, it will never be the right time. Now is the time to ‘pivot’ when you want your team to start achieving at a higher level of results.

info_outline
What Is Your Niche? show art What Is Your Niche?

Exit Mindset

This episode explains why the primary issue for a lot of business owners is targeting the correct consumer, and how finding their company’s niche will ultimately help them stand out.

info_outline
Installing a New Perspective show art Installing a New Perspective

Exit Mindset

This episode explains how you can set your employees up for success and ultimately your business, too. By helping them focus on their core job tasks and installing a new perspective for your company, you will see a change for the better.

info_outline
Harnessing the Right Resources to Achieve Your Goals show art Harnessing the Right Resources to Achieve Your Goals

Exit Mindset

This episode explains how to accomplish long-term objectives, increase the profitability of your company, and enjoy more free time as a business owner, through harnessing the right resources to get to your goals.

info_outline
What Makes A Great Team show art What Makes A Great Team

Exit Mindset

This episode explains what you can do as a business owner to reassess your company’s infrastructure, in order to improve your team’s overall performance.

info_outline
Positioning Your Business in an Unpredictable Economy show art Positioning Your Business in an Unpredictable Economy

Exit Mindset

This episode explains what the federal budget deficit is, and how the success of the economy may influence the future revenue of your business.

info_outline
Understanding the Totality of Your Business show art Understanding the Totality of Your Business

Exit Mindset

The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth, with assistance from Amber Giannone. All rights reserved.

info_outline
 
More Episodes

Key Links

-----

Harnessing the Right Resources to Achieve Your Goals

  • What happens when you do not possess the financial or human resources that are required to achieve a goal, or complete a defined objective?
  • Not only will understanding your resources and making more efficient use of them improve your valuation, but it will also increase business profitability.
  • The reality is each and every person can make a difference overtime even if the progress seems minimal at first. So, what resources do you need?

Resources: Human and Financial

  • There are two types of resources that you should be concerned with as a business owner, your human resources or your employees, and your financial resources.
  • Each and every business owner, across the country, run into large projects that require a greater number of resources than are available to the business.
  • By taking a step or two back and attempting to break down a larger objective into multiple, smaller parts, all of a sudden you may be able to see the light at the end of the tunnel.
  • Do you have any projects that have been tabled for a year, maybe even two or three? What if you had done a third of that project the first month, the next third the second month, and then finished it within 90 days?
  • There is no shame in finishing a project that could have taken one month with all of your resources.
  • If you’ve been having a difficult time making the decision to allocate resources to a goal or task, try breaking down the task in front of you and determining whether slow yet steady progress could be an actionable solution.

Cost Allocation

  • As a business owner, assigning projects to outside companies can be a way to harness additional human power.
  • By splitting costs among experienced vendors based on expertise as well as price, you may be able to spread the costs of a project out over time, get the best bang for your buck, and improve the profitability of your company.
  • When it comes time to figure out how to avoid obstacles and harness the resources needed for a project, you can take it one step at a time.

 

Conclusion

  • Insurmountable goals are not always as difficult to achieve as they appear when you are standing at the very bottom of the mountain.
  • Breaking down a project into multiple parts and assigning those parts to capable vendors, or even slowly handing them out to your internal teams over time, can lead to long-term success.
  • If a task is truly beneficial to increasing the valuation of your company or improving your Exit Infrastructure, there is no reason to be wasting any time.

-----

  • The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.
  • For more information, please visit ExitMindset.com.